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Development of Accounting, Analytical and Control Support for Setting and Solving Management Tasks of Large Corporations

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"Smart Technologies" for Society, State and Economy (ISC 2020)

Abstract

The role of accounting, analytical and control support for setting and solving management tasks of large corporations is increasing in connection with the processes of digitalization of management. This requires updating the principles of information support of the system.

In order to manage costs, it is becoming important to determine cost centers and responsibility centers. The article considers the ways of development of principles of information support of the system of internal cost and cost management in large companies, which is an important component of the system of economic and financial security. The model of identification of the role of accounting and analytical and control support in the implementation of economic strategy of development of a business entity on the basis of a new competent method has been determined, which allowed controlling and evaluating key business objectives.

The purpose of modeling financial and economic processes, investment, innovation and their information support, is to create a clear picture of the opportunities to increase the market value of the company and its value properties. Based on the assessment of the existing practice, the main measures for the successful implementation of the strategic guidelines for the holding’s development have been identified, such as: development of the strategy for achieving targets, close integration of the tactics management systems and development strategy, creation of a business development model, development and control of the target strategic development parameters, an effective financial policy of economy and risk minimization, development of strategic initiatives.

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Correspondence to Tatyana M. Rogulenko .

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Rogulenko, T.M., Bodyako, A.V., Ponomareva, S.V. (2021). Development of Accounting, Analytical and Control Support for Setting and Solving Management Tasks of Large Corporations. In: Popkova, E.G., Sergi, B.S. (eds) "Smart Technologies" for Society, State and Economy. ISC 2020. Lecture Notes in Networks and Systems, vol 155. Springer, Cham. https://doi.org/10.1007/978-3-030-59126-7_137

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